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![Pre-Operative Expenses are ‘Revenue’ in Nature though It was Shown as Capital in the Books of Accounts: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Revenue-Expenditure-Bombay-HC-Taxscan.jpg "Pre-Operative Expenses are ‘Revenue’ in Nature though It was Shown as Capital in the Books of Accounts: Bombay HC [Read Order]")
Pre-Operative Expenses are ‘Revenue’ in Nature though It was Shown as Capital in the Books of Accounts: Bombay HC [Read Order]
A division bench of the Bombay High Court recently held that pre-operative expenses incurred by the assesse-Companies are ‘revenue’ in nature even if...